Transcription of THE UK CORPORATE GOVERNANCE CODE
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THE UK CORPORATE GOVERNANCE CODEJULY 2018 Financial Reporting CouncilThe FRC s mission is to promote transparency and integrity in business. The FRC sets the UK CORPORATE GOVERNANCE and Stewardship Codes and UK standards for accounting and actuarial work; monitors and takes action to promote the quality of CORPORATE reporting; and operates independent enforcement arrangements for accountants and actuaries. As the Competent Authority for audit in the UK the FRC sets auditing and ethical standards and monitors and enforces audit FRC does not accept any liability to any party for any loss, damage or costs howsoever arising, whether directly or indirectly, whether in contract, tort or otherwise from any action or decision taken (or not taken) as a result of any person relying on or otherwise using this docum
high-profile examples of inadequate governance and misconduct, which have led to poor outcomes for a wide range of stakeholders. At the heart of this Code is an updated set of Principles that emphasise the value of good corporate governance to long-term sustainable success. By applying the Principles, following the more detailed Provisions and ...
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